In a major transfer throughout the electronics manufacturing sector, a number one EMS firm has inked a Memorandum of Understanding with Cellecor for the manufacturing of fridges and related parts. This strategic partnership indicators an enlargement into white items manufacturing, doubtlessly marking a brand new development part for the established electronics producer.
Share Value Motion
The share value of Dixon Applied sciences Restricted went up by 3.1 % to Rs. 18,608.65 per share on Friday, a rise from its earlier shut of Rs. 18,038.15 per share. The market capitalisation now stands at roughly Rs. 1,06,520 crore as of December 27, 2024.
Order Particulars
Dixon Electro Manufacturing, a completely owned subsidiary of Dixon Applied sciences, has signed an settlement with Cellecor Devices Restricted to fabricate fridges and associated parts for Cellecor. Cellecor is a well known model within the client electronics business, providing a variety of merchandise like cellphones, good TVs, soundbars, smartwatches, kitchen home equipment, and residential home equipment reminiscent of washing machines, air conditioners, fridges, and extra.
This may assist Dixon Electro Manufacturing broaden its presence within the fridge market. He additionally highlighted that this partnership helps the ‘Make in India’ initiative and goals to fulfill the rising wants of Indian shoppers.
Q2 Monetary Highlights
In line with its current submitting, within the quarter ending September 2024, Dixon Applied sciences’s consolidated income from operations has elevated by 133.34 % YOY from Rs. 4,943 crore in Q2 FY24 to Rs. 11,534 crore in Q2 FY25 and elevated by 75 % QoQ from Rs. 6,580 crore in This fall FY24.
The corporate’s consolidated web revenue has elevated by 264 %, from Rs. 113 crore in Q2 FY24 to Rs. 412 crore in Q2 FY25. As in comparison with the final quarter of 2025, the corporate’s web revenue has elevated by 194 % QoQ from Rs. 140 crore.
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Market Outlook
The Indian electronics business is ready for fast development, pushed by sturdy native demand, rising incomes, and technological developments. The federal government’s “Make in India for the World” technique goals to spice up manufacturing to USD 300 billion by FY26, with a deal with rising exports.
With the business anticipated to develop at a 22% CAGR, India will grow to be a serious international electronics hub. This development is supported by authorities incentives, native part manufacturing, and evolving international market dynamics, together with the shift from China.
Shareholding Sample
As of the September 2024 shareholding sample, Dixon Applied sciences Restricted is primarily held by the promoters at 32.89 %, home institutional traders maintain 22.69 %, and the general public with 21.27 %.
About Firm
Dixon Applied sciences (India) Restricted, primarily based in Noida, is a frontrunner in digital manufacturing companies (EMS). Established in 1993 by Sunil Vachani, the corporate has grown into a number one authentic design producer (ODM) and contract producer. With a various portfolio, it helps India’s burgeoning electronics sector by providing cutting-edge merchandise and options. Dixon transitioned to a public restricted firm in 2017, reflecting its outstanding progress and market presence.
The corporate operates 17 state-of-the-art manufacturing items throughout India, producing client electronics like LED TVs and washing machines, together with lighting options and residential home equipment. Its choices additionally embrace safety methods and reverse logistics companies. Dixon collaborates with high manufacturers, offering end-to-end manufacturing options. Notably, it has entered joint ventures to broaden capabilities in wi-fi audio and smartphone manufacturing, reinforcing its aggressive edge.
Underneath the visionary management of Sunil Vachani and Atul B. Lall, Dixon continues driving innovation in India’s electronics panorama. Its dedication to excellence positions it as a key participant in fulfilling the rising demand for high quality electronics.
Written By Fazal Ul Vahab C H
Disclaimer
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